Global and China Marine Power System
Industry Report, 2011
Jan. 2012
STUDY GOAL AND OBJECTIVES
METHODOLOGY
This report provides the industry executives with strategically significant
Both primary and secondary research methodologies were used
competitor information, analysis, insight and projection on the
in preparing this study. Initially, a comprehensive and exhaustive
competitive pattern and key companies in the industry, crucial to the
search of the literature on this industry was conducted. These
development and implementation of effective business, marketing and
sources included related books and journals, trade literature,
R&D programs.
marketing literature, other product/promotional literature, annual
reports, security analyst reports, and other publications.
REPORT OBJECTIVES
Subsequently, telephone interviews or email correspondence
 To establish a comprehensive, factual, annually updated and cost-
was conducted with marketing executives etc. Other sources
effective information base on market size, competition patterns,
included related magazines, academics, and consulting
market segments, goals and strategies of the leading players in the
companies.
market, reviews and forecasts.
 To assist potential market entrants in evaluating prospective
acquisition and joint venture candidates.
 To complement the organizations’ internal competitor information
gathering efforts with strategic analysis, data interpretation and
INFORMATION SOURCES
The primary information sources include NBS(National Bureau
of Statistics of China), Wind, and internal database of
ResearchInChina etc.
insight.
 To suggest for concerned investors in line with the current
development of this industry as well as the development tendency.
 To help company to succeed in a competitive market, and
Copyright 2012 ResearchInChina
understand the size and growth rate of any opportunity.
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Abstract
By usage, marine power systems can be divided into main engines
and auxiliaries. Main engines can be classified into internal combustion
engines and turbine engines. Turbine engines are primarily used in the
naval field. Internal combustion engines are mainly diesel engines,
including low speed (Rpm<300), medium-speed (Rpm=300-1100) and
In the field of medium-speed diesel engines, Wartsila is the absolute
leader with nearly 50% market share. Like MAN, Wartsila licenses
other companies to produce the diesel engines designed by it, but the
number of its licensed manufacturers is lower than that of MAN. MAN
and Caterpillar also produce medium-speed diesel engines. Caterpillar
entered this field through acquiring Germany's MAK in 1998.
high speed (Rpm>1100) ones. Auxiliaries mainly include generators
and auxiliary equipment.
In the field of high-speed diesel engines, there are many
manufacturers, and the largest one is Germany's Tognum (MTU),
Diesel engine was invented by a German in 1875. Over 100 years
later, the threshold of the marine diesel engine industry is still very
followed by Japan’s Yanmar, France’s SETI (MAN), Caterpillar,
Cummins, Volvo and John Deere.
high. MAN, where the inventor of diesel engine worked, designs 80%
of the low-speed diesel engines in the world. MAN also produces a
small amount of low-speed diesel engines, licenses a large number of
other companies to produce the low speed diesel engines designed by
it, and charges design fees and royalties from them. After acquiring
Swiss Suzler, Wartsila enters the field of low-speed diesel engines and
occupies 18% market share, while Japan's Mitsubishi Heavy Industries
(MHI) has 2% market share.
Although the shipbuilding industry is in a downturn, there are many
highlights in the field of marine power, wherein the hottest topics are
the implementation of IMO TIER III standards in 2016 and LNG-fuelled
vessels. Compared with IMO TIER II standards implemented in 2011,
IMO TIER III standards will require that NOx emissions should be
lower than the level stipulated by IMO TIER II standards by at least
70%, which is quite a challenge.
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In the world, only a small number of vessels comply with IMO TIER
The second solution is to adopt lean-burn gas engines (namely
III standards, tens of thousands of ships cannot do so. There are
LNG-fuelled engines) which can meet IMO TIER III standards
two solutions: first, to install SCR and EGR systems in engine
without adding any auxiliaries. Lean-burn gas engine
systems. Germany, Finland, the United States, Japan and other
manufacturers mainly include Wartsila and Rolls-Royce.
leading countries started the development of SCR systems in late
1980s, and have achieved full automated monitoring and
LNG has gradually shown its advantages as ship-use fuel.
management of SCR systems.
Compared with marine fuel oil (MFO) and heavy fuel oil (HFO),
LNG is cheaper; LNG can help reduce the emissions of carbon
In 2010, Wartsila Group and ABB cooperated with Swiss Hug
dioxide and other waste and particulate matter significantly;
Engineering developed a compact SCR system which was 80%
besides, LNG long-term supply is stable. Therefore, in the next 5 to
smaller than the traditional system. In March 2011, MAN installed
10 years, the number of vessels taking LNG as fuel will continue to
the compact SCR systems developed by itself in 6S46MC-C8 low-
increase.
speed marine diesel engines for the first time; in June, NYK,
Oshima Shipbuilding, MHI, Akasaka and other companies
cooperated to complete the world’s first shipboard trial on large
low-speed diesel engine SCR system; in July, South Korea's HHI
successfully developed SCR systems. China has not started to
develop marine SCR systems.
Copyright 2012ResearchInChina
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Global Marine Diesel Engine Manufacturers by Revenue, 2010-2011
Copyright 2012ResearchInChina
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Table of contents
Preface
1. Overview of Global Shipbuilding Industry
1.1 Overview
1.2 Current Status
1.3 Global Shipbuilding Industry by Region
1.4 South Korea Shipbuilding Industry
1.5 China Shipbuilding Industry
4. Marine Power Industry
4.1 Market Scale of Marine Engine
4.2 Low-Speed Diesel Engine
4.3 Medium and High-Speed Diesel Engine Market
4.4 Chinese Marine Diesel Engine Market
4.5 Ranking of Global Marine Diesel Engine
Manufacturers
2. Overview of Marine Power System
2.1 Profile
2.2 EEDI
2.3 IMO TIER III and ECA
2.4 SCR and EGR
5. Main Marine Engine Manufacturers
5.1 MAN
5.1.1 MAN ME-GI
5.2 Wartsila
5.2.1 Wartsila Dual Fuel Engine
5.2.2 Dual Fuel Engine Conversion
5.3 Caterpillar Marine Power Systems
5.4 Mitsubishi Heavy Industries
5.4.1 UST Steam Turbine
5.5 Tognum (MUT)
5.6 Rolls-Royce
5.6.1 Natural Gas Engine
5.6.2 Gas Turbine
5.7 Hyundai Heavy Industries
5.8 Doosan Engine
5.9 STX Engine
5.10 Mitsui Engineering & Shipbuilding
5.11 Hudong Heavy Machinery
5.12 CSSC-MES Diesel
5.13 Hefei Rong An Power Machinery
3. LNG-fuelled Power System and Electric
Propulsion
3.1 Current Status and Outlook of LNG Carrier
3.2 Power of LNG Carrier
3.3 Typical Application of DFDE
3.4 LNG Fuel
3.4.1 Advantages and Disadvantages of LNG Fuel
3.4.2 Current Status and Outlook of LNG-fuelled
Vessel
3.4.3 Power System of LNG-fuelled Vessel
3.5 Marine Electric Propulsion
3.5.1 Profile
3.5.2 Pod Marine Electric Propulsion
3.6 Dynamic Positioning System (DPS)
5.14 Shaanxi Diesel Engine Heavy Industry
5.15 Dalian Marine Diesel
5.16 Qingdao Qiyao Wartsila MHI Linshan Marine
Diesel Co., Ltd.
5.17 Yichang Marine Diesel Engine
5.18 Weichai Heavy Machinery
5.19 Zibo Diesel Engine
5.20 Zhenjiang CME
5.21 ZGPT Diesel Heavy Industry
5.22 Yuchai Marine Power
5.23 Jiangsu Antai Power Machinery
5.24 Zhejiang YungPu Heavy Machinery
5.25 Zhongji Hitachi Zosen Diesel Engine
5.26 Daihatsu Diesel MFG
5.27 Yanmar
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Completion in Global Shipbuilding Industry, 1970-2010
Backlogs in Global Shipbuilding Industry, 2000-2010
New Orders in Global Shipbuilding Industry, 1996-2010
Orders in Global Shipbuilding Industry by Vessel Type, 1999-Oct. 2011
New Orders, Delivered Vessels and Backlogs in China Shipbuilding Industry, 1998-2010
New Orders in Global Shipbuilding Industry by Region, Q1-Q3 2011
New Orders in South Korea Shipbuilding Industry, 2003-Q3 2011
New Orders in South Korea Shipbuilding Industry by Vessel Type, 2007-Oct. 2011
New Orders in China and South Korea Shipbuilding Industry, 2003-Q3 2011
Delivered Vessels in China and South Korea Shipbuilding Industry, 2003-Q3 2011
Backlogs in South Korea Shipbuilding Industry, 2003-Q3 2011
Thermal Efficiency Comparison of Marine Power Systems
Efficiency Comparison of Marine Power Systems under Standard Load
Schedule of IMO TIER III
Global ECA (Emission Control Areas) Distribution
IMO TIER I, II, III Emission Standards
LNG Carrier Price, 2003-2012
LNG Demand and LNGC Fleet Forecast, 2000-2020
LNG Supply Chain
Backlogs and Delivered Volume of LNG Carrier, 2000-2011
Global New Orders for LNG Carrier, 2000-2013
Power System of HFO Diesel LNG Carrier
Power System of Dual-fuel Diesel LNG Carrier
Power System of DFDE LNG Carrier
Electric Propulsion System of Dual-fuel Diesel Engine
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Composition of Typical Dynamic Positioning System
Marine Engine Market Scale, 2004-2013
Global New Shipbuilding Orders by Region, 1999-Q3 2011
Market Share of Low-speed Marine Diesel Engine Manufacturers (by Revenue), 2011
Market Share of Medium-speed Diesel Engine Manufacturers (by MW), 2011
Market Share of High-speed Marine Engine Manufacturers (by Revenue), 2011
Market Share of Marine Diesel Engine Manufacturers in China, 2011
Import Value of Marine Diesel Engine in China, 2006-2011
MAN's New Orders and Revenue, 2007-2011
MAN's Revenue and Operating Margin, 2007-2011
Diesel & Turbo Revenue of MAN by Product
Diesel & Turbo Operating Income of MAN by Product
Power of MAN's ME-GI Engine Products
Speed and Power of MAN's 4-stroke Diesel Engine
S70ME-C8-GI DATA
S60ME-C8-GI DATA
S65ME-C8-GI DATA
ME-GI Fuel Gas Supply
ME-GI Mechanical Design
ME-GI FGS System
Partners of ME-GI Engine
Operation Model of ME-GI Engine
Wartsila's Revenue and Operating Margin, 2005-2011
Wartsila's Revenue by Business, 2005-2010
Output of Wartsila's Ship Engines, 2006-2010
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New Orders and Backlogs of Wartsila's Ship Power Division, 2007-Q3 2011
Wartsila's New Orders by Vessel Type, Q3 2011
Wartsila's New Orders, Q1 2010-Q3 2011
Wartsila's Backlogs by Vessel Type, Q3 2011
Quoted MW per Fuel Type of Wartsila Power Plant, Q1 2004-Q3 2011
New Orders of Wartsila Power Plant, Q1 2004-Q3 2011
New Orders of Wartsila Power Plant by Type, Q3 2011
New Orders of Wartsila Power Plant by Region, Q1-Q3 2011
Operating Principle of Wartsila's Dual-fuel Engine
Fuel System Composition of Wartsila's Dual-fuel Engine
Gas and Fuel System
Power of Wartsila's Dual-fuel Engine Products
Composition of LNG Dual-fuel Marine Engine System
Equipment Added for Conversion
HFO-to-LNG Dual-fuel Projects
Product Line Distribution of Caterpillar Marine Power System
Global Manufacturing Bases of Caterpillar Marine Power System
Revenue of Caterpillar Marine Power System by Application
Revenue of Caterpillar Marine Power System by Region
Revenue of Mitsubishi Heavy Industries by Division, 2009-2010
Revenue and Operating Income of Mitsubishi Heavy Industries in Shipbuilding Business, FY2005-FY2012
New Order Value of Mitsubishi Heavy Industries in Shipbuilding Business, FY2005-FY2012
Organizational Structure of Mitsubishi Heavy Industries in Shipbuilding Business
Steam Turbine System of MHI
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UST Structure
Tognum’s Revenue and EBIT Margin, 2007-2011
Tognum's Revenue by Region, 2009-2010
Revenue of Tognum Engine Division by Product, 2009-2010
Distribution of MTU Engine Product Lines of Tognum Engine Division
Revenue and EBITDA Margin of Rolls-Royce Marine Division, 2006-2011
Structure of Lean-burn Power System of Rolls-Royce
Revenue and New Orders of Hyundai Engine / Machinery Division, 2005-2011
Revenue of Hyundai Engine / Machinery Division by Region, 2006-2011
Revenue of Hyundai Engine / Machinery Division by Product, 2010
Revenue and Operating Margin of DOOSAN Engine, 2006-2011
Revenue of DOOSAN Engine by Product, Q3 2010-Q3 2011
New Orders of DOOSAN Engine by Client, 2010-Q3 2011
Backlogs of DOOSAN Engine by Vessel type, 2010-Q3 2011
Backlogs of DOOSAN Engine by Client, 2010-Q3 2011
Market Share of DOOSAN Engine in China, 2008-Q3 2011
Plants of DOOSAN Engine in South Korea and Dalian
Revenue and Operating Margin of STX Engine, 2005-2011
Revenue and Operating Income of STX Engine, Q1 2010-Q4 2011
Revenue of STX Engine by Product, Q1 2010-Q4 2011
Operating Income of STX Engine by Product, Q1 2010-Q4 2011
New Orders of STX Engine by Product, Q1 2010-Q3 2011
Backlogs of STX Engine by Product, Q1 2010-Q3 2011
Revenue and Operating Income of Mitsui Engineering & Shipbuilding, FY2006-FY2012
Revenue of Mitsui Engineering & Shipbuilding by Business, FY2011
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Revenue and Operating Margin of Hudong Heavy Machinery, 2005-2011
Shipment and Power of Diesel Engines of Hudong Heavy Machinery, 2007-H1 2011
Shipment and Power of CSSC-MES, 2007-2011
Volume and Power of Diesel Engines Delivered by Dalian Marine Diesel, 2006-2011
Revenue and Gross Margin of Weichai Heavy Machinery, 2007-2011
Revenue of Weichai Heavy Machinery by Product, 2008-2010
Revenue and Operating Income of Daihatsu Diesel, FY2006-FY2012
Sales Volume, New Orders and Backlogs of Daihatsu Diesel, FY2009-FY2011
Sales, New Order Value and Backlog Value of Daihatsu Diesel, FY2009-FY2011
Revenue of Daihatsu Diesel by Region, 2008-2011
Marine Main Engine Production Line of Daihatsu Diesel
Marine Auxiliary Production Line of Daihatsu Diesel
Three Indicators of Major Shipbuilding Countries in the World, Jan.-Sep. 2011
Three Indicators of Major Vessel Types in the World, Jan.-Sep. 2011
EEDI Rules and Schedule
Power Types of LNG Carriers Delivered and under Construction, 2011
Configuration of LNG Carrier Engines in the World
LNG-Fuelled Vessels in Operation in the World
Power Suppliers of LNG-Fuelled Vessels under Construction in the World
Comparison of Pod Electric Propulsions
Vessels with AZIPOD, since 2006
Ranking of Global Marine Diesel Engine Manufacturers by Revenue, 2010-2011
Licensed Manufacturers of MAN Diesel & Turbo
Licensed Manufacturers of Wartsila
Application of 50DF Dual Fuel Engines
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Vessels with Rolls-Royce LNG Engines
Revenue of Doosan Engine by Product, 2009-2011
Backlogs and New Orders of Mitsui Engineering & Shipbuilding, by Sep. 2011
Power of Delivered Products and New Orders of Hefei Rong An Power Machinery, 2008-H1 2011
Revenue and EBITDA of Dalian Marine Diesel, 2008-2011
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